Real Estate Acquisitions & Development Intern

Balsam Green; Minneapolis (MN); On-site; USD 28,000 - 34,000; Full time

Job summary

Balsam Green, a boutique investment firm focused on affordable housing projects across the country, is seeking an Acquisitions & Development Intern in Minneapolis. You will support underwriting, financial analyses and external financing requests under the guidance of the CEO and Director of Acquisitions.

The role requires a real estate/finance or accounting background, strong Excel skills, and the ability to work in a collaborative, in-office environment with occasional travel.

Qualifications

• Pursuing or recent graduate of a four year Bachelor degree in Real Estate, Finance, or Accounting.
• Previous real estate, finance or accounting experience as intern or entry level position.
• Experience creating and developing financial underwriting models in excel.
• Curiosity, drive and logic are main personality traits.
• Answer the phone when it rings.
• Comfortable discussing issues and questions in person or over the phone.
• Researches possible solutions prior to asking questions.
• Proactively shares thoughts and ideas to create or improve processes.
• Advanced Excel, Word, PowerPoint and Gmail skills.
• Experience with Monday project management/CRM, task management experience or similar software.

Responsibilities

• Assist in underwriting of acquisition and development opportunities for affordable multi-family housing
• Present analyses findings to Founding Principal and CEO
• Prepare external financing requests and applications
• Analyze existing due diligence materials and summarize opportunities and concerns
• Research subject property, surrounding community and competition for trends
• Coordinate and complete due diligence items for lenders and investors
• Assist in construction and asset management processes
• Be in person in office everyday when not travelling
• Occasional travel for site visits

Skills

Financial underwriting models

Financial analysis

Real estate

Communication

Teamwork

Problem solving

Excel advanced

Gmail

PowerPoint

Monday

CRM

Education

Bachelor’s degree in Real Estate, Finance, or Accounting

Tools

Monday

CRM

Excel

PowerPoint

Word

Gmail

Job description

Balsam Green, a boutique investment firm focused on affordable housing projects across the country, is seeking an Acquisitions & Development Intern in Minneapolis. You will support underwriting, financial analyses and external financing requests under the guidance of the CEO and Director of Acquisitions.

The role requires a real estate/finance or accounting background, strong Excel skills, and the ability to work in a collaborative, in-office environment with occasional travel.